Fall Reviews:  Did You Claim the Disability Tax Credit?

The Disability Tax Credit (DTC) may be one of the lesser understood tax credits but for your clients who have a disability it is critically important. Having a conversation with your clients about health changes in their life circumstances and those of their loved ones could help them access this tax credit.  

It seems to sneak up on us every year:  the Christmas Holiday season.  Regardless of how you celebrate, it is a time to reflect, count your blessings, give,  and re-evaluate how you will use your precious resources of time and money in the new year.

Grow your business with the DFA - Bookkeeping Specialist™ Designation.

While the March 2nd 2015 deadline for filing T4 slips is still some time away, CRA released publication RC4120-Employers’ Guide – Filing the T4 Slip and Summary on November 21, 2014. 

Is your estate planning up to date so that your final wishes will indeed be carried out?  If not, things may not pan out, as the courts take matters into their own hands.

Canada has a taxation system that is based on self-assessment.  We are required to accurately assess income, deductions and credits, filing our tax returns on time, or face penalties, interest and/or jail in serious instances. 

New Income Tax Estimator Can Help Last week CRA issued the 2015 TD1 Personal Tax Credit Return and the corresponding provincial forms.